Question: I SIGNED a contract in Spain for the purchase of a property on the Costa Blanca (Javea), in which a clause was inserted stating that if the seller delayed the handing over of the property, he would have to pay a penalty of €20 for each day of delay. In fact the handover has […]
COOWNERSHIP AND CONDOMINIUM. THERE is a condition known as condominium or co-ownership over a property established when it has two or more owners. There are many situations in which a co-ownership of such a property could exist although the most frequent are the joint purchase of a property by several people, the purchase by a […]
AS we have explained on a number of occasions, individuals who are non tax residents in Spain and who own a property or have a part interest in one have the obligation to pay individual Non Residents Income Tax in respect of that property. This obligation will apply to all those who are not […]
